Twelve years after starting college, the white female borrower has paid off 72% of her loan balance. Over the same time period, the typical Black female borrower's balance has grown by 13%.
COVID-19 has exposed longstanding racial and economic inequalities in American life, which is evident in the fact that communities of color are being hit the hardest by both the medical and the economic impacts of the virus.
“The potential for executive action to jumpstart the transition that we need — to reorient our democracy for democratic engagement and redress historic inequities — is huge.”
"We call on policymakers, the media and the public to take affirmative steps to halt and condemn xenophobia and to ensure that the health and safety of all Americans is protected."
It’s crucial that the U.S. Congress and the Department of Education act swiftly and aggressively and provide states and institutions with much-needed support before it’s too late.
"This will have serious consequences for staff morale at the justice department, for the credibility of justice department attorneys in court, and for the public’s sense that the justice system is fair."
In 2020, a different group of grassroots outsiders increasingly is setting the terms of debate on the left. They are being led by black and brown people, young people, women, immigrants and working people—often outside the control of the traditional gatekeepers of American politics.
"In today’s competitive economy, nothing is more important than getting a college education. Yet college tuition costs in the U.S. have been increasing at a breakneck pace, making college unaffordable for millions of Americans.”
"Income is actually a somewhat imperfect way to judge whether or not a family is financially secure. The typical black family making $100,000 has a lot less wealth than the typical white family making $100,000."
"The percent of low-income students borrowing for a bachelor’s degree is unconscionably high, particularly if you consider their debt loads as a percent of their family income and wealth. Even if low-income students and high-income students were borrowing the exact same amount for college, that debt is a far greater burden relative to their family wealth.”
The crisis of American democracy is a deeper, more chronic one arising from systemic racial and gender exclusion, entrenched economic inequality, and technological and ecological transformations that undermine dreams of collective action and inclusive shared self-governance.
K. Sabeel Rahman and Hollie Russon Gilman's new book, Civic Power, calls for a broader approach to democratic reform, offering a critical framework and concrete suggestions to support those reforms that meaningfully redistribute power to citizens.
"I think Greta has been able to speak truth to power in a way that has resonated with a lot of young people who are frustrated, who have lived their whole lives seeing inaction on climate change."